Ex-Ekiti Governor, Fayose Publishes Documents Claiming Gov. Seyi Makinde Collected N50bn From President Tinubu

Former Ekiti State Governor, Ayodele Fayose, has released documents evidence he claims show that Oyo State Governor, Seyi Makinde, received ₦50 billion from the Federal Government under President Bola Ahmed Tinubu.

The documents were made public on Sunday following days of public exchanges between both politicians.

Fayose said the funds were approved as emergency support after the deadly explosion that rocked Ibadan in January 2024.

This development comes after Governor Makinde publicly denied receiving such an amount. He had challenged Fayose to provide concrete evidence to back up the allegation.

In response, Fayose released what he described as official financial records. He claimed the documents clearly show the approval and release of ₦50 billion to the Oyo State Government.

According to Fayose, only ₦4.5 billion out of the total sum was eventually disbursed to victims of the Ibadan explosion. He alleged that the remaining funds were diverted for political purposes.

The former governor accused Makinde of using the money to finance a presidential ambition.

He linked the alleged diversion to internal crises within the Peoples Democratic Party (PDP) and Makinde’s frequent criticism of President Tinubu’s administration.

In a personally signed statement, Fayose said he decided to release the documents to allow Nigerians judge the matter for themselves. He insisted that the records contradict the Oyo State Government’s public position on the issue.

Fayose also challenged Makinde to seek legal redress if any of the claims were false. He maintained that he is ready to defend his allegations in court.

Beyond the ₦50 billion claim, Fayose alleged that other financial interventions sent to Oyo State by the Tinubu-led government were never disclosed to the public. He said there are records to support this position.

The former Ekiti governor further claimed he is in possession of documents detailing the actual Internally Generated Revenue (IGR) of Oyo State.

According to him, the figures differ from what Governor Makinde has consistently announced.

He added that he deliberately withheld some documents for now but may release them if necessary.

Fayose said: “Meanwhile, only N4.5bn was released to victims of the Ibadan Explosion.

Rather, he diverted this fund and many others to his Presidential ambition, which is the reason for the crisis in the PDP and his attacks on President Bola Ahmed Tinubu and his government.
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‎ “Also, there are documentary evidences on the actual Internally Generated Revenue (IGR) of Oyo State, as against Governor Makinde’s claim, but we will keep our gunpowder dry for now. My name is still Ayo Fayose, I don’t say what I can’t prove.”

As of the time of filing this report, the Oyo State Government has not issued a fresh response to the newly released documents.